Equities researchers at StockNews.com started coverage on shares of Reading International (NASDAQ:RDI – Get Free Report) in a report issued on Friday. The firm set a “sell” rating on the stock.
Reading International Price Performance
Shares of NASDAQ RDI opened at $1.19 on Friday. The company has a debt-to-equity ratio of 35.04, a current ratio of 0.17 and a quick ratio of 0.17. The company has a market cap of $26.69 million, a price-to-earnings ratio of -0.63 and a beta of 1.28. The stock’s 50-day moving average is $1.40 and its two-hundred day moving average is $1.45. Reading International has a 1-year low of $1.17 and a 1-year high of $1.89.
Reading International (NASDAQ:RDI – Get Free Report) last released its earnings results on Monday, March 31st. The company reported ($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.31. Reading International had a negative net margin of 21.22% and a negative return on equity of 258.21%. The firm had revenue of $58.58 million for the quarter, compared to analyst estimates of $53.00 million.
Institutional Trading of Reading International
Reading International Company Profile
Reading International, Inc, together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas.
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